Targa to Proceed with Permian Basin Apex Pipeline After All
Targa Resources expects to take a final investment decision for the Apex pipeline out of the Permian Basin before the end of the year.
Sage Geosystems Advances Commercial-scale Energy Storage Facility
The 3-megawatt facility in Texas is expected to become the world’s first commercial geopressured geothermal system when it’s commissioned in December.
Analyst Questions Kimmeridge’s Character, Ben Dell Responds
The analyst said that “they don’t seem to be particularly good actors.” Ben Dell, Kimmeridge Energy Partners managing partner, told Hart Energy that “our reputation is unparalleled.”
Marketed: Delta Minerals Non-producing Sale in Colorado
Delta Minerals LLC has retained EnergyNet for the sale of non-producing minerals in Bent, Cheyenne and Kiowa counties, Colorado.
U.S. Oil Executive Censure Puts Spotlight on Shale-OPEC Meetings
A U.S. regulator’s censure of a top U.S. oil executive over private meetings with the Organization of the Petroleum Exporting Countries (OPEC) group of oil producers has put a spotlight on dinners attended by dozens of shale executives. The U.S. Federal Trade Commission (FTC) on Thursday barred former Pioneer Natural Resources CEO Scott Sheffield from …
U.S. Oil Executive Censure Puts Spotlight on Shale-OPEC Meetings Read More »
Phillips 66 Weighs Divestments, Targets Renewable Fuel Increase
Phillips 66 looks to boost renewable fuels production by 67% through the end of the second quarter 2024 at its Rodeo complex in San Francisco while weighing a potential divestiture of its retail marketing businesses in Austria and Germany.
Chouest Acquires ROV Company ROVOP to Expand Subsea Capabilities
With the acquisition of ROVOP, Chouest will have a fleet of more than 100 ROVs.
Chesapeake Stockpiles DUCs as Doubts Creep in Over Southwestern Deal
Chesapeake Energy is stockpiling DUCs until demand returns through growth from LNG exports, power generation and industrial activity.
Tellurian Reports Driftwood LNG Progress Amid Low NatGas Production
Tellurian’s Driftwood LNG received an extension through 2029 with authorization from the Federal Energy Regulatory Commission and the U.S. Army Corps of Engineers.
U.S. Natgas Prices Jump 5% on Higher Demand Forecast, Lower Output
U.S. natural gas futures jumped about 5% on Thursday on a continued drop in output and forecasts for more demand next week than previously expected due to an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants. The price rise came even though last week’s storage build was slightly bigger …
U.S. Natgas Prices Jump 5% on Higher Demand Forecast, Lower Output Read More »